Design flourishes best in environments that encourage learning, testing, and iterating with your target audience. That boosts the odds of creating breakthrough products and services while simultaneously reducing the risk of big and costly misses. That approach stands in contrast to the prevailing norms in many companies, which still emphasizes non-existing design sprints in product development. This approach diminishes the voice of the consumer leading to failed products.
The best results come from uncovering insights from customer research. This information is combined with market analysis on your competitors to monitor emerging technologies and business concerns.
Without interactions with target audiences, companies risk producing products that don't achieve product market fit.